Oil & Gold in the Investor’s Spotlight in 2022
Not only commodities markets but also the derived financial and capital markets are undergoing a wave of revived interest by both long-term investors and...
This is what happens when oil-rich nations can’t pay their bills
In the summer of 2014, the price of oil tanked, dropping from over $110 per barrel of Brent Crude to where it sits now...
Oil Jobs Lost: 250.000 and Counting
Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again...
Can Saudi Arabia Still Sway The Oil Market?
Saudi Arabia, the world’s top oil exporter and OPEC's largest producer, has influenced the oil market and oil flows since the middle of the...
DME Concludes Basrah Crude Oil Auction with $13.7 Million Premium
Dubai Mercantile Exchange, the premier international energy futures and commodities exchange in the Middle East, concluded its latest auction on Wednesday 20 September 2017,...
UAE and Saudi Arabia continues to grow despite lower oil prices
UAE new orders grow, and job creation hit three-month high in May’15
Saudi Arabia’s output and new orders expanded, but the growth rate eased
GCC consumers...
Oil prices jump 10% in a month
Over the last month oil prices rose by 10% with the support of several events. Saudi Arabia has cut down its oil output. The...
Emerging Market Currency Depreciation May Hit Oil Demand
Currency depreciation in some emerging-market countries may slow global oil demand. They may need to utilize more subsidies to shield their industry and private...
Saudi Arabia, Russia and two other countries agree on oil production...
Saudi Arabia's oil minister has agreed to freeze oil production at January levels, indicating that the country may be willing to reassess its "lower...
Potential Shortage of Global Oil Supplies in 3 Years
The recent drop in oil industry investment brought on by weak prices threatens to significantly slow supply growth in the long term, and could...
Confidence Returning to Oil and Gas Recruitment as Oil Price Stabilises
A review of the employment environment in the energy sector by Petroplan has found that, despite a major contraction in the value of the...
North American, European Oil and Petrochemical Companies Show Keen Interest in...
The participation of Jebel Ali Free Zone (Jafza), the flagship free zone business of Dubai, in Abu Dhabi International Petroleum Exhibition (ADIPEC), which ranks...
2016 and 2017 Crude Oil Projections Lowered Further
The risk of a decline in global oil prices after the peak of the US driving season back in April was highlighted by the...
Oil Current Overview and Outlook
WTI prices increase by 2.6% to USD105.11 per barrel in the review period
Increase in geo-political risk keep oil prices high
OPEC production (ex Iraq) increases...
Oversupply Push Oil Prices Lower; “V-shaped Rebound” Likely
Oil prices ended higher last Friday, but suffered a weekly loss for the fifth time in a row. This is the longest run of...
Oil Prices Make a Comeback; Now Buy Property in Dubai
Crude-oil futures rallied well above $50 a barrel to settle at their highest levels of 2015 on Tuesday. Some analysts believe that oil prices...
GE Oil & Gas Awarded Contract Worth Over $200M for GASCO’s...
GE Oil & Gas has been awarded a contract worth over $200 Million, by Hyundai Engineering & Construction Company (HDEC), to supply...
Oil Seen Heading to $20 on Dollar Strength
A rapid appreciation of the U.S. dollar may send Brent oil to as low as $20 a barrel, according to Morgan Stanley.
Oil is particularly...